Data: Over 40% of altcoins are approaching historical lows, exceeding the proportion seen in the previous bear market.

MeNews · 2026-04-02T15:28:10+00:00

According to a report by CryptoQuant analyst Darkfost, over 40% of altcoins are trading near historical lows, a figure higher than the 38% during the previous bear market. Geopolitical tensions have severely impacted altcoins, and liquidity dilution has exacerbated their fragility. Approximately 47 million cryptocurrencies have been issued globally, with 22 million of them being Solana.

MeNews

2026-04-02 15:28:10

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ME News message, March 31 (UTC+8), CryptoQuant analyst Darkfost said that more than 40% of altcoins currently have trading prices that have reached or are approaching historical lows, a figure that exceeds the previous bearish-market peak of about 38%. The cryptocurrency market continues to be affected by escalating geopolitical tensions, with altcoins hit especially hard. Darkfost also said that the sheer number of cryptocurrencies directly leads to liquidity dilution, making altcoins increasingly fragile. Data shows that there are currently about 47 million cryptocurrencies issued globally; of that, the Solana platform has 22 million, the Base platform has more than 18 million, and BNB Chain also has 4 million. (Source: ChainCatcher)

SOL-5,96%

BNB-5,11%

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